Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Martie 2009.
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Business newswire Wall-Street.ro, edited by InternetCorp., remained the number one online destination in February, with 883,411 unique visitors, marking a 114% growth from prior-year period....
The mandatory funded pension market (Pillar II) reached net assets of 1.076 billion lei at the end of February, advancing by 13.36 percent on a monthly basis, according to the data provided by the...
Riff Holding it is evaluating the possibility of a merger that would guide is to No 6 spot on financial advisory market, said the chairman of the company, Marius Stancescu.
The procurement function within many large corporates is under-leveraged and unappreciated, yet a crucial role beckons during the current downturn if it could be integrated better into the market...
Lending in Romania, which has been booming in the past year but entered a downturn with the financial crisis settling in the country, will unclog this spring, the central lender’s governor...
Romania's leu lowered 0.08 percent versus the single European currency at the reference exchange rate established by the central lender BNR at 4.2939, on a quiet market, in line with the evolution...
In the second month of the year, the top-five ranked investment funds remained approximately the same, with only two funds registering increases in assets.
President Traian Basescu told the Parliament in the meeting that took place earlier today, that Romania didn’t need an external loan to secure state payroll, but the CA deficit and debt of...
How is the corporate merger market changing in the midst of an economic downturn? A multiple answer question, says Philippe Lajat, M&A partner at Ernst & Young Romania, one of the most...
A mission of the International Monetary Fund (IMF) will arrive in Bucharest on March 11 to investigate for two weeks the economy and discuss a possible financing program for the country, according...
The board of the stock exchange in the central city of Sibiu (Sibex) aims to extend the trading timetable until 11 p.m. in a bid to hike liquidity and asks for agreement from at least half of the...
As the commercial space offer had broadened, developers understood that they can no longer levy sky high rents, while retailers’ approach starts to change dramatically. Many have claimed...
Romanians earned 1,355 lei (320 euros) as average net income in January this year, a 9 percent slip over December, on lack of holidays bonuses, the country’s Statistics Institute (INS) said,...
PDL leader, Theodor Stolojan said before the coalition’s external loan talks, that Romania needed external finance, as the failure to obtain an external loan would drive the country into...
Societe Generale bought 76,500 BRD-GSG stocks in today’s trading session, for 337,600 lei (78,700 euros).
A&D Pharma, Romania’s leading pharmaceutical wholesale and retail business, scaled back losses to 2.3 mln euros last year, to 8.4 mln euros in 2007.
Home appliance producer Arctic, majority owned by the third largest European appliance maker Turkish Arcelik, registered a 5 percent drop of business year-on-year in 2008 owing to the financial...
Braun&Partners Network, one of the leading consultancy firms in CSR and communication market, has opened its first subsidiary in Romania, at Bucharest, the company announced.
Tire manufacturing facility in Romanian locality Silvania Zalau held by Michelin, the second-largest tiremaker, will halt production for 18 days this month on sagging orders, dented by the economic...
Romania may be the recipient of a 20-bln euro rescue package from International Monetary Fund, after the recent talks between the two parties due to be continued tomorrow, even if analysts say...
Producer prices in the Romanian industry added 1.88 percent in January over December on higher prices in all fields of activities, but the annual growth pace slowed down at 6.99 percent over...
Ministry of Finance and National Bank of Romania (BNR) have started preliminary talks with officials from European Commission, International Monetary Fund and International Financial Institutions...
Romania’s national currency grew slightly this morning from 4.30 to 4.29 against the single European currency, in line with the neighboring currencies in the region, NewsIn informs.
Administrators of MBA programs have reassessed their curriculum due to wrenching financial crisis engulfing the entire world. Wall-Street compiled a top of most expensive MBA programs in Romania,...
Romania's lending market could edge up at 15 – 20 bp this year, as the economy is severely dented by the international financial crisis, much slower than the 80% increase anticipated last...
The rate of unemployment in Romania’s capital grew by 235 people to 18,575 or 1.72 percent at the end of February, the Labor Force Agency (AMOFM) said, NewsIn informs.
Bucharest Stock Exchange board today announced that RBS Romania will serve as participant to derivative market it runs, reads the press release remitted by the institution. The bank plans to...
Black Sea Global Properties (BSGP), led by Dinu Patriciu tycoon via Rompetrol Holding SA, who acquired the majority 90% stake in Romanian investment fund Fabian Romania, said it would remove the...
March 10, 2009 will remain a critical moment for the modern evolution of the local banking system, with the last minute news flurry now underway in Romania: press reports, releases and official...
The annual rate of inflation upped to 6.89 percent in February from 6.71 percent in the previous month, exceeding analysts' expectations, underpinned mainly by the rise in prices for non-food...
Romania's national currency, the leu, edged up to 4.28 against the single European currency today, after a short depreciation at debut, following a similar trend with the other emerging...
Romcar, the official importer of Ford in Romania said it offered a double scrapping indemnity, of 7,600 lei as part of the Jalopy program.
Romanian carmaker Dacia reported 60.28 mln euro (222 mln lei) profit for 2008, half of 132.5 mln euros reported a year earlier, the carmaker announced.
EU’s current account deficit fell to 21 billion euros in the fourth quarter of 2008, down from Q3 deficit of 60.8 billion euro and up 48% from prior-year period, Eurostat informs.
Most CEOs expect even broader deterioration of situation of companies in the coming period, with rampant concerns on sales and orders, said the managing director of Roland Berger, Condrut Pascu.
Monica Iavorschi is the first Romanian woman appointed at the helm of the biggest home appliance producer, Arctic, after its takeover by Turkish-based Arcelik. In the midst of a wrenching economic...
Romanian legislators began talks yesterday with the International Monetary Fund for a rescue package that could help the country mitigate the effects of the current economic crisis, a measure that...
The Romanian auto industry remains blocked as a result of tough access to lending, with the possibility of not meeting the 60,000 cars replaced through Jalopy program target, said the CEO of...
The competition council said it allowed Raiffeisen Landesbank Oberösterreich AG’s acquisition of Impuls International after the investigation found that this economic operation...
LG Electronics, the local arm of the world's biggest IT&C and electronics supplier, recorded a 20 percent increase in turnover last year, to 152 million U.S. dollars, on important sales on...